Chinese EVs now represent one-third of new registrations in South Korea, with sales surging 286.1% in Q1 2026, reports South China Morning Post.
Electric vehicles made in China now account for one in three new registrations in South Korea, reports Hong Kong's South China Morning Post.
Sales of China-built EVs surged to 25,000 units in the first quarter of 2026, marking a remarkable 286.1 percent rise from a year earlier, according to the Korea Automobile and Mobility Association.
Over the same period, South Korean manufacturers sold approximately 51,000 EVs, experiencing a slower growth rate of 126.1 percent.
Market share data revealed that China-made EVs increased from 4.7 percent in 2022 to 33.9 percent last year, while Korean EVs declined from 75 percent to 57.2 percent. Tesla's Shanghai-built models significantly contributed to this surge, alongside the growing traction of various Chinese brands.
